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MiTRADE

Regulated
Australia
,
Since 2011
Last Updated:
49/100
Overall Score

Trading Conditions

Min Deposit:
USD50
Max Leverage:
200
Account Types
Standard

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

5 methods

Visa/Mastercard

credit card
Instant
Fee:
Free
Fee:
Free

Bank Transfer/Wire

wire transfer
hours
Fee:
Free
Fee:
Free

E-Wallets (Skrill, Moneybookers)

e wallet
Instant
Fee:
Free
Fee:
Free

Poli

bank transfer
Instant
Fee:
Free
Fee:
Free

Worldpay/Online Banking/QR/ATM Cards

other
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 55%, 2: License 81%, 3: Software 0%, 4: Spread 0%, 5: Account Type 10%, 6: Symbol 0%
Regulation
55%Fair
License
81%Excellent
Software
0%Poor
Spread
0%Poor
Account Type
10%Poor
Symbol
0%Poor

Company Information

Full Name:Mitrade Global Pty Ltd
Founded:2011
Headquarters:Australia
Enterprise Offices:1offices

Customer Support

Phone:
+61 3 9606 0033
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction

Selecting a trustworthy, transparent broker is crucial when trading online, whether you are an experienced trader or a beginner. Mitrade Global Pty Ltd is one of several brokers that meet these criteria. They offer a wide range of trading services, have invested heavily in advanced technology, and ensure compliance with regulatory requirements.

Mitrade Global Pty Ltd currently has around 3 million clients globally and operates as an innovator in the FinTech space through its use of cutting-edge technology that focuses on the client experience.

This article will cover the history/background, key features, and attributes of Mitrade Global Pty Ltd, as well as the company’s regulatory environment, trading conditions, fees, customer experience, and recent developments regarding the Mitrade Global Pty Ltd product offering to provide the wider financial trading community with an all-encompassing view of this product.

Overview of Mitrade Global Pty Ltd’s History/Background

Mitrade Global Pty Ltd is the Australian Company Entity of Mitrade; it commenced operations in Melbourne, Australia, in 2011. With extensive experience in the financial trading and technology space, the small local startup quickly became an International Online Brokerage Firm and continues to maintain its head offices in Melbourne today, due to its Australian heritage and regulatory oversight of its business.

By consolidating the resources of its related companies, CEO Elven Jong has streamlined Mitrade Global Pty Ltd's overall offering. In an effort to simplify the trading process and provide ordinary people with access to global financial markets, Mitrade Global Pty Ltd has focused on developing its trading product range and technology for several years, thereby establishing itself as a reputable brokerage in an extremely congested online trading market.

Key Product(s) and Features of Mitrade Global Pty Ltd

The range of trading instruments available to Mitrade Global Pty Ltd clients is vast and includes Forex, Gold, Oil, Indices, Stocks from Global Stock Exchanges, Commodities, and Currencies; clients can select from more than 400 different trading instruments on Mitrade Global Pty Ltd’s proprietary trading platform. The wide range of trading instruments available means that the majority of trading strategies and preferences can be accommodated on the Mitrade Global Pty Ltd trading platform.

Trading Instruments

Forex
Gold
* Oil
* Indices
* Global Stock Indices
* Stocks from Major Exchanges
* Commodities & Currencies

One benefit of Mitrade Global Pty Ltd that differentiates it from other online brokers is its very low minimum trade size (0.01 Lots), which helps minimise the barrier to entry into trading for new traders. The Mitrade Global Pty Ltd trading platform includes risk management tools, such as Stop Loss orders and Negative Balance Protection, which help traders manage their exposure appropriately. The platform has also integrated TradingView charting functionality, giving users instant access to technical analysis, market data, and live market insights from industry experts.

Regulatory Compliance and Licensing

Trust & Security Is Key In The Highly Regulated Financial Services Sector. Mitrade Global Pty Ltd demonstrates this through its use of the Australian Financial Services Licence (AFSL 398528) issued by the Australian Securities & Investments Commission (ASIC), as evidence of its significant commitment to upholding regulatory standards.

In addition, Mitrade Group is also governed by other regulatory authorities, including CySEC, CIMA, and the Financial Services Commission (FSC) of Mauritius, and holds an equivalent licence from these regulatory authorities, which require that client funds be segregated, providing greater security/protection for client funds.

Regulator

License Number

Status

Australian Securities and Investments Commission (ASIC)

AFSL 398528

Active

Cyprus Securities and Exchange Commission (CySEC)

Not specified

Active (related entity)

Cayman Islands Monetary Authority (CIMA)

Not specified

Active (related entity)

Financial Services Commission (FSC) Mauritius

Not specified

Active (related entity)

Trading Conditions and Platform Technology

Mitrade Global is a retail broker offering competitive trading conditions for all types of traders. They have zero commissions and a clearly defined spread structure that makes it very easy for traders to understand their cost for every trade. Also, they have very low overnight fees, thereby facilitating the development of long-term trading strategies without incurring high costs. Traders can also enter their trades at a minimum size of 0.01 lots. While the broker does not publicly list the specific leverage amounts it offers clients, it has a number of risk management tools to protect against potential downside risks.

Trading Condition

Details

Minimum Trade Size

0.01 lots

Commissions

Zero

Spreads

Competitive and transparent

Overnight Fees

Low

Leverage

Not specified

Platform Technology

Mitrate Global Pty Ltd offers its own WebTrader platform, which users can access online without downloading. In addition, it offers mobile applications for both Android and iPhone users, which have received high consumer ratings (4.3 out of 5 stars on Google Play and 5 out of 5 stars in the iPhone App Store). Furthermore, the WebTrader platform provides users with an array of professional-grade technical analysis tools, including MACD, KDJ, RSI, TRIX, DMA, and CCI. Therefore, providing the ability to perform intraday, short-term, and medium-term forecasts. Furthermore, integrated risk management tools and live market updates facilitate trading, whilst advanced account management tools make it easy to manage all trading activities.

Platform Feature

Details

Platform Type

Proprietary WebTrader and Mobile Apps (Android/iOS)

Technical Indicators

MACD, KDJ, RSI, TRIX, DMA, CCI

Charting Tools

TradingView integration

Risk Management

Stop loss, negative balance protection

Market Updates

Integrated news and analysis

User Ratings

4.3 (Google Play), 5.0 (App Store)

Fee Structure

Mitrade Global Pty Ltd maintains a transparent fee structure aimed at minimizing costs for traders. The broker charges zero commissions on trades, which is a significant advantage for frequent traders. Overnight fees are low, supporting various trading styles without imposing heavy financial burdens.

While specific numeric values for deposit, withdrawal, and inactivity fees are not publicly detailed, the broker emphasizes transparency and fairness in its fee policies. This approach aligns with its reputation for openness and customer trust.

Fee Type

Details

Commission

Zero

Overnight Fees

Low

Deposit Fees

Not specified (transparent policy)

Withdrawal Fees

Not specified (transparent policy)

Inactivity Fees

Not specified

User Experience and Market Reputation

reviews from many of its clients for being an easy-to-use broker with an easy-to-navigate website and a dependable service. Throughout the years, the broker has also been recognized for its commitment to the community and has earned multiple industry awards, including Best Mobile Trading Platform in 2020 and Most Transparent Forex Broker Global 2022, among others. These awards showcase the company's continued commitment to providing customers with the best possible experience when using its services.

In addition to these awards, Mitrade Global Pty Ltd continues to be recognized in 2025 for a number of awards, including being named the Most Reliable Broker in Europe, the Best Forex Trading App in Europe, the Most Innovative Platform in Asia, and the Most Trusted Broker in Asia, as well as being named as the Global Broker of the Year in Australia. These awards are indicative of Mitrade Global Pty Ltd's strong market position and growing global influence.

The users of Mitrade Global Pty Ltd appreciate the intuitive layout, fast execution times, and the attentive, helpful customer support available 24/5. Overall, the user experience is rated at 4.6, with the majority of users not reporting any significant issues in available data.

Recent Developments

The year 2025 has been an exciting year for Mitrade Global Pty Ltd, with a number of prestigious awards received in various regions of the world. The recognition of Mitrade Global Pty Ltd by respected industry associations, including World Business Outlook, Global Business & Finance Magazine, Global Forex Awards, and Global Business Review Magazine, underscores the ongoing innovations and reliability of the broker.

While there have not been major changes made in 2024 or 2025 in terms of the structure of Mitrade Global Pty Ltd or any new product launches that have been made public, the ongoing accumulation of awards provides evidence to suggest that the broker is upholding high standards and continuing to adapt to the demands of the marketplace.

Conclusion

Mitrade Global Pty Ltd provides traders with an excellent opportunity to invest with a transparent, regulated, and technologically advanced broker. With an Australian Financial Services Licence, a wide range of trading instruments, an easy-to-use proprietary trading platform, and competitively priced trading conditions, it is ideal for both novice and experienced traders.

With a strong reputation for regulatory compliance, a low-cost fee structure, and an award-winning user experience, Mitrade Global Pty Ltd is an attractive option to consider as the company continues to grow and upgrade its services.

 

Regulatory Licenses

Compliance & oversight

4 licenses
Australia
ASICTier 1
Australia#398528
License Details
Type:Market Making(MM)
License #:398528
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Cyprus
CySECTier 2
Cyprus#438/23
License Details
Type:Market Making(MM)
License #:438/23
Status:Regulated
Validity
Effective:N/A
Expires:N/A
South Africa
FSCATier 2
South Africa
License Details
Type:Retail Forex License
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Mauritius
FSCTier 3
Mauritius#GB20025791
License Details
Type:N/A
License #:GB20025791
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
4
Countries
0
Offshore

Account Types

Trading account options

1 type
Standard
Standard
Leverage 1:1 • Commission Zero commissions
Leverage1:1
CommissionZero commissions
1
Total Types
1
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

5 methods
Visa/Mastercard
Credit CardInstant
Deposit
Fee:Free
Min:USD 1,000
Max:N/A
Withdrawal
Fee:Free
Min:USD 100
Max:N/A
Verification required; withdrawals must return to original deposit source; name match and supporting documents required.
Bank Transfer/Wire
Wire Transferhours
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:USD 100
Max:N/A
Available globally but slower processing; full verification required.
E-Wallets (Skrill, Moneybookers)
E-WalletInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:USD 100
Max:N/A
Verification required; mainly supported in South Africa.
Poli
Bank TransferInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:USD 100
Max:N/A
Regional availability only; verification required.
5
Free Deposit
5
Instant
0
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with MiTRADE: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark MiTRADE at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for MiTRADE

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://www.mitrade.eu/en
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

3 platform

Corporate Network

Enterprise structure & relationships

1 entities

MITRADE EU LIMITED

Cyprus
active

Registration

HE420923

Established

2021-04-23

Comments

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